3 Area Men Charged In Money Laundering

March 05, 1991

DU PAGE COUNTY — Two West Chicago men and a Geneva man were charged Monday in a money-laundering and tax fraud scheme to hide the source of the Geneva man`s income.

Charged were Gerald Horn, 47, of 102 Syril Drive, Geneva, and William Brown, 52, of 2 N 35 Indian Knoll Rd. and Allen Wawak, 52, of 28 W 761 Army Trail Rd., both of West Chicago. A fourth defendant, William Strong, 66, of Glenwood Springs, Colo., an accountant, was charged with delivering a phony document to the Internal Revenue Service.

``Laundering of money to conceal its origins and concealing income from the Internal Revenue Service are crimes which often are at the heart of financial fraud,`` U.S. Atty. Fred Foreman said Monday.

Foreman`s statement said, ``Brown and Wawak, together with Horn, devised a scheme to hide the true source of Horn`s income.``

The source of the money allegedly being laundered was not spelled out in the charges.